Description

BSE notifies trading members of suspension of dealings in Sheela Foam Limited's NCD (SFL-8.45%-6-4-26-PVT) effective March 20, 2026, ahead of redemption and interest payment on the same date.

Summary

BSE has issued a notice informing trading members that Sheela Foam Limited has fixed a record date of March 20, 2026 for the redemption and interest payment of its Non-Convertible Debentures (NCD) series SFL-8.45%-6-4-26-PVT (ISIN: INE916U08038, Code: 975147). Trading members are advised not to deal in these debentures from March 20, 2026 onwards.

Key Points

  • Sheela Foam Limited has fixed March 20, 2026 as the record date for its NCD series SFL-8.45%-6-4-26-PVT
  • ISIN: INE916U08038 | BSE Code: 975147
  • Purpose: Redemption of Debentures and Payment of Interest
  • No dealings are permitted in these debentures from March 20, 2026
  • Notice reference: DR-844/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard operational notice under BSE’s debt segment procedures for suspending trading ahead of a debenture redemption event.

Compliance Requirements

  • Trading members must refrain from dealing in Sheela Foam Limited’s NCD (INE916U08038 / Code 975147) from March 20, 2026 onwards
  • Members are required to take note of the suspension and ensure no transactions are executed in this security on or after the no-dealings date

Important Dates

  • Notice Date: March 13, 2026
  • Record Date: March 20, 2026
  • No Dealings From: March 20, 2026
  • Purpose on Record Date: Redemption of Debentures and Payment of Interest

Impact Assessment

The impact is limited to holders and traders of this specific NCD series of Sheela Foam Limited. The suspension is a routine pre-redemption measure ensuring clean settlement. Upon redemption, the debenture will cease to exist, and trading members should update their systems accordingly to prevent erroneous orders in this security post-suspension.

Impact Justification

Routine suspension of trading ahead of NCD redemption and interest payment; affects only holders of this specific debenture series with a defined record date.